DA Davidson Maintains Buy on Build-A-Bear Workshop, Lowers Price Target to $38
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Michael Baker has maintained a Buy rating on Build-A-Bear Workshop (NYSE:BBW) but has reduced the price target from $42 to $38.
December 01, 2023 | 4:03 pm
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NEUTRAL IMPACT
Build-A-Bear Workshop's stock may see continued investor interest with a maintained Buy rating, but the reduced price target from $42 to $38 could suggest a tempered growth outlook.
The maintained Buy rating indicates continued positive sentiment from DA Davidson, which could support the stock price. However, the lowered price target suggests that the expected upside may not be as high as previously thought, which could lead to a neutral short-term impact as the market digests this new information.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100